HC Deb 08 June 1998 vol 313 cc431-2W
Mr. Sarwar

To ask the Secretary of State for Scotland how many(a) individual and (b) corporate insolvencies there have been in each of the last eight years. [44202]

Mr. Wilson

Statistics on insolvencies are produced by statisticians in the Department of Trade and Industry. The information requested is shown in the table:

Insolvencies in Scotland
Individuals Companies
Sequestrations Total Compulsory liquidations Creditors' voluntary liquidations
1990 4,350 470 251 219
1991 7,665 616 304 312
1992 10,845 670 310 360
1993 6,828 551 286 265
1994 2,182 444 242 202
1995 2,188 441 252 189
1996 2,503 441 266 175
1997 2,502 447 254 223